Texas Builders Foundation

Analysis

Texas Builders Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Builders Foundation reported income of $181k and spending of $395k, spending 219% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $181k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Builders Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Oakland Technology & Education Center ($181k), Humanitys Kitchen Inc ($181k) and Southeast Polk Education Foundation Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $794k against liabilities of $22k, net assets of $772k.